Local News

Activist Investor Takes A Bite Of CVS, With Uncertain Plans
Hedge fund Starboard Value, which has a track record as an activist investor, has acquired a stake in drugstore and health insurance giant CVS...

Start Early, Know Your Opponents, Control The Narrative
As cities try to spur development to create jobs and affordable housing, it might look like NIMBYers are on the defensive. But resistance to...

Automotive No Experience Sales Associate at St. Peters Honda
Automotive No Experience Sales Associate at St. Peters Honda - Napleton Automotive Group owns and operates 55+ retail automotive dealerships in...

Cushman & Wakefield to Lease Fort Lauderdale Office Building
Naya USA Investment & Management has tapped Cushman & Wakefield as exclusive leasing agent for Lakeside Plaza, a 119,339-square-foot office...

Nationwide- Dollar General at Dollar General
Senior HR Manager - Nationwide- Dollar General at Dollar General - Company Overview Dollar General (NYSE: DG) is a Fortune 200 company with more...

Countrywide sells LSH to US commercial real estate firm
UK’s property services group Countrywide has sold its non-core UK commercial real estate consultancy and transactional business, Lambert Smith...

The Boulder Group Arranges Florida Retail Transaction
The Boulder Group has arranged the sale of a 12,739-square-foot single-tenant retail facility in West Palm Beach, Fla., for $5.2 million. President...

Caron of Stebbins Commercial Properties handles 4,112 s/f lease
Manchester, NH Deanna Caron, associate broker with Stebbins Commercial Properties LLC, has leased 4,112 s/f at 195 McGregor St., Unit 319 to Youth...

AHIP REIT to acquire US hotel portfolio for $191m
American Hotel Income Properties REIT LP (AHIP) has agreed to acquire a portfolio of 12 well-maintained premium branded hotels for US$191 million...

Dream Global REIT wins regulatory approval for C$6.2bn sale to Blackstone
Dream Global REIT has received the regulatory approvals required for the closing of the previously-announced transaction pursuant to which...

NAR approves pocket listings killer
NAR President John Smaby and the Chartwell Estate, first shopped as a pocket listing in 2017 (credit: NAR) UPDATED 11:15 a.m., Nov. 11: The...

Britain's Ocado to open first 'mini' robotic warehouse
LONDON (Reuters) - British online grocer Ocado will open its first "mini" robotic warehouse in Bristol, western England, by early 2021, it said on...

UPDATE 2-Britain's Ocado to open first "mini" robotic warehouse
LONDON (Reuters) - British online grocer Ocado will open its first "mini" robotic warehouse in Bristol, western England, by early 2021, it said on...

GSE limit for single-family loans to surpass $500K in 2020
Loan limits for most mortgages Fannie Mae and Freddie Mac buy will exceed $500,000 for the first time ever next year, with the maximum for most...

Tahoe Group: Bridging Culture and Real Estate Development
China's real estate sector remains a significant source of economic activity, despite an economic slowdown and tightened credit conditions....

Six Flags Discovery Kingdom’s 7.5MW Solar Glow
Six Flags Discovery Kingdom in Vallejo, Calif.-also known as the Thrill Capital of Northern California-in partnership with sPower and Borrego Solar...

FHFA Increases Conforming Loan Limits for Fannie, Freddie in 2020
The Federal Housing Finance Agency (FHFA) announced on Tuesday that it would be increasing the conforming loan limits on mortgages to be acquired...

New Albany medical office sold to publicly traded REIT amid nationwide 'feeding frenzy'
A publicly traded healthcare real estate investment trust is acquiring the OrthoNeuro-anchored medical office building in New Albany, helping the...

OrthoNeuro's New Albany medical office sold to publicly traded REIT
A publicly traded healthcare real estate investment trust is acquiring the OrthoNeuro-anchored medical office building in New Albany, helping the...

Rising average mortgage rates won't harm real estate activity
Mortgage rates resumed their upward movement this week, but it's not putting a damper on real estate sales activity, noted Freddie Mac. "Following...

Goodman buys 65 acres in Los Angeles
Goodman Group, the global owner, developer and manager of industrial property with approximately $33 billion of assets under management, has...

A glance at US mortgage rates: 30-year rises to 3.68%
U. S. long-term mortgage rates ticked up this week but remain at historically low levels, according to mortgage buyer Freddie Mac....

PROCHAMPS Property Registration Services Help Avoid Costly Enforcement Fines and Penalties While Maximizing Compliance
MELBOURNE, Fla., Nov. 27, 2019 /PRNewswire/ -- "Communities across the country are stepping up aggressive enforcement of property registration...

Opportunities and Advantages: Looking Back on a Real Estate Career with Bob Lowe
In 2018, real estate firm Lowe Enterprises, together with partner Geolo Capital, sold its hotel operating subsidiary Two Roads Hospitality to Hyatt...

Mortgage applications increase as rates stay under 4%
Mortgage application activity rose 1.5% compared with one week earlier as interest rates remained below 4%, according to the Mortgage Bankers...

Pending Home Sales Decline 1.7% in October
WASHINGTON, Nov. 27, 2019 /PRNewswire/ -- Pending home sales retreated in October, taking a slight step back after two prior months of increases,...

The Green New Deal and Multifamily
With the increasing concern of how industries are impacting the environment across the country, we examined how legislation like the Green New Deal...

Cap Rate Compression Expected to Halt into 2020 Election
NEW YORK CITY - Cap rate compression in the current market environment is expected to come to a halt heading into the 2020 election year as...

Activist Investor Seeks to Remove Colony Capital CEO Tom Barrack
NEW YORK-Activist investor Blackwells Capital is seeking to oust Colony Capital's CEO Tom Barrack and will nominate five candidates for election to...

SL Green Inks Lease at Worldwide Plaza
SL Green Realty Corp. has signed a 10-year lease with West Monroe Partners for 41,715 square feet at its Worldwide Plaza in Manhattan. The tenant,...
National News

Remodeled Galleria Office Earns Energy Star Certification
HOUSTON-Accesso has achieved the US Environmental Protection Agency's Energy Star certification at the newly remodeled 1717 St. James Pl., an...

Supreme Court Notches Landmark Victory for Property Rights
The Supreme Court of the United States (SCOTUS) issued a landmark property rights decision on June 21, 2019, ruling that the federal courts are...

How to invest in the best Airbnb rental property
Using data to make an informed decisionAirbnb has grown 21% compared to August 2019 earning gross revenue $4,308,726,681. More impressively, it has...
Anti-pollution Skincare Products Market: Industry Outlook By Drivers, Restraints And 2020-2030
The Anti-pollution Skincare Products Market- Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments,...
3D Camera Market: Industry Analysis and Forecast (2020-2030) –By Product Type, Formulation, and Region
The 3D Camera Market- Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, sales network,...
Automotive HMI Market- Segmented By Product, Type, Application, And Region- Global Growth, Trends, And Forecast To 2030
The Automotive HMI Market- Global Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, sales network,...

Our 2019 Predictions That Didn't Come True
Commercial real estate is a business that relies, to an extent, on predicting the future. Every purchase of a building is a statement of confidence...

Local Criticism Mounts As Dollar General Expansion Intensifies
Dollar General has quickly become a dominant force in brick-and-mortar retail, and it is still gaining strength. The discount retail chain is on...

Furniture leasing firms flourishing with young professionals
Still schlepping furniture from apartment to apartment or the curb? There’s another way. A new wave of startups that lease high-end furniture and...

CBRE report details the restaurant industry's impact on commercial real estate
Restaurants account for 17% of U.S. retail sales, more than any other retail sector and restaurant sales growth has outpaced overall U.S. retail...

Life Time CEO says luxurious new club at Southdale is just the beginning
As Life Time CEO Bahram Akradi paraded through his newest luxury health club the night before its grand opening, the pride of the 300 employees was...

Special Committee of the Board of Hudson’s Bay Provides Additional Information Regarding Background to Proposed Privatization Transaction
TORONTO & NEW YORK--(BUSINESS WIRE)--The Special Committee of the Board of Directors of Hudson's Bay Company (TSX:HBC) ("HBC" or the "Company")...

Lee & Associates Brokered a 12,451 SF Sale in San Clemente, CA
December 6, 2019– Lee & Associates, a nationwide leader in commercial real estate services, brokered the sale of 3 office condos totaling 12,451...

United States Retail Banking Market Opportunities and Risks Report 2019-2023: Mortgage Loans, Personal Loans, Credit Card Loans, Retail Deposits, Digital Disruptors, Recent Deals
DUBLIN, Dec. 6, 2019 /PRNewswire/ -- The "US Retail Banking: Opportunities and Risks to 2023" report has been added to ResearchAndMarkets.com's...

For eighth straight quarter, CMBS loan delinquency rates drop: MBA
Most commercial and multifamily loan-delinquency rates remained near record lows in the third quarter thanks to low mortgage rates and high...

Environmental, infrastructure work props up slowing sector
Total U.S. construction starts are expected to slip to $776 billion in 2020, according to a new report from Dodge Data & Analytics. The 2020 Dodge...
Switch Automation Launches New Product, Receives Industry Accolade
DENVER, CO, Dec. 3, 2019 – Switch Automation, a commercial real estate software as a service (SaaS) company, launched a new digital building...

New York Investor Files Suit Against Hudson’s Bay, Chairman
Ortelius Advisors, which said it owns a 0.5% stake in Hudson's Bay, filed a statement of claim in the Ontario Superior Court of Justice Thursday....

Decade in Development: Arena District Moves Toward Completion
The Arena District in 2015 - Photo via NRI. A lot has changed in Columbus between 2010 and 2020. In this series we take a look at large-scale...

Drugstore scion pays $11M for unit at The Bristol
The Bristol and Pamela Applebaum A family tied to one of the country’s largest drugstore chains snagged a unit at The Bristol in West Palm Beach...
Real Estate Housing Shortage In 2020 Could See Historic Lows
It's no secret American homebuyers have been struggling in recent years to find houses on the market within their price range. But according to...

Caesars completes sale of The Rio in Las Vegas for $516.3M
Caesars Entertainment has completed the previously announced sale of The Rio in Las Vegas to a company affiliated with Dreamscape Companies (...

10 Must Reads for the CRE Industry Today (December 6, 2019)
Facebook in Talks for New York Office, in Deal Making the Company One of City's Largest "Facebook Inc. is in talks to lease a landmark Manhattan...

U.S. gains robust 266,000 jobs; unemployment falls to 3.5%
WASHINGTON - Hiring in the United States jumped last month to its highest level since January as U. S. employers shrugged off trade conflicts and a...

Land Sales Maintain Steady Pace, But Remain Well Short of Pre-Recession Peak
Land sales can be a fickle business. Prime development sites often disappear quickly, while other parcels can languish on the market for years...

Mortgage applications see steep drop in late November
Mortgage applications fell 9.2 percent in the week ending Nov. 29 from the week before, even adjusting for the Thanksgiving holiday, according to...

Dodge Momentum Index increases in November
The Dodge Momentum Index moved 2.9% higher in November to 155.3 (2000=100) from the revised October reading of 150.9. The Momentum Index, issued by...

Welltower Named to Newsweek's America's Most Responsible Companies 2020 List
NEW YORK, Dec. 6, 2019 /PRNewswire/ -- Welltower Inc. (NYSE: WELL) today announced that it has been recognized in the top twenty percent of all...

Economists React To November Jobs Report On Twitter
Nonfarm payroll employment increased by 266,000 jobs in November, the U. S. Bureau of Labor Statistics reported Friday, marking the country's 110th...

Medical Office Buildings Draw Stronger Interest From Institutional Investors in U.S.
According to the National Association of Realtors, existing-home sales rose in October 2019. The four major U. S. regions were split last month,...
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Local Events
New York Deal Making
Regional Deal Makings are a one-stop for education, networking and deal making. These two-to-three day regional events provide opportunities to...
[WEBINAR] How to Find CRE Leads with Andrew Bermudez
Join QuantumListing Wednesday, December 11th at 3pm ET with special guest Andrew Bermudez of Digsy for our webinar, How to Find CRE Leads. Andrew...
ICSC RECon 2020
RECon is the world’s largest global gathering of retail real estate professionals. Join leading developers, owners, brokers and retailers to...